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Taconic Partners and Nuveen Real Estate launch
430,763 s/f One Grand

Manhattan, NY Taconic Partners and Nuveen Real Estate have unveiled One Grand, a new, 28-story office headquarters in Midtown South. The building is at the crossroads of SoHo, Hudson Sq, and TriBeCa. One Grand consists of office space with wellness and

Stenson of Brax Realty sells two-building
package for $8.75 million

Manhattan, NY Alan Stenson, senior director of Brax Realty completed the exclusive assignment to sell a two-building package in the city by a state-appointed guardianship in Florida. The two- building package included 333 East 52nd St. located between 1st Ave. and 2nd Ave. and 228 East 25th St.

Berger of Norman Bobrow & Co. leases 51,498 s/f to charter school

Brooklyn, NY Bedford Stuyvesant New Beginnings Charter School (BSNBCS) has signed a new 35-year lease for its new high school in a condo building in Williamsburg. The charter school will occupy the commercial portion of the building located at 217 North 10th St. completed in 2022 by Largo

Rudin inks two headquarters relocations at
One Battery Park Plaza

Manhattan, NY Rudin has secured two headquarters relocation deals, totaling a combined 26,500 s/f, at One Battery Park Plaza, its 35-story, 870,000 s/f office tower. >New York City-based insurance litigation firm, Barry McTiernan & Moore LLC, will relocate from its current headquarters

L+M Development Partners and Osborne Association close on $126 million deal for Marcus Garvey extension phase two

Brooklyn, NY L+M Development Partners and Osborne Association closed on a $126 million deal to develop Marcus Garvey extension phase two buildings C/E in Brownsville. The project will feature 178 affordable apartments, 88 of which will be supportive

SCALE Lending issues $140 million construction loan to Clipper Equity

Brooklyn, NY SCALE Lending has issued a $140 million construction loan for Clipper Equity’s seven-story, 354-unit multifamily project located at 2366 Bedford Ave. in Flatbush.

Six new leases signed at The Stahl Organization’s 277 Park Ave. office building

Manhattan, NY Cushman & Wakefield and The Stahl Organization arranged six new leases totaling 175,000 s/f at 277 Park Ave., a 1.85 million s/f class A office building in Midtown.

Is New York City still a viable investment option? - by Shallini Mehra

With lingering high rates, rent collection difficulties in stabilized buildings, escalating operating costs, and a strict regulatory environment, certain segments of the real estate market are facing tough hurdles. The

Benenson Capital Partners promotes Butts, Ciaravino and Katzman

Manhattan, NY Benenson Capital Partners has elevated three professionals within its investment and asset management teams as the firm reorganizes its leadership team.

Adler & Stachenfeld elevates Rothstein and Carpinello

Manhattan, NY Adler & Stachenfeld LLP (A&S) have elected two new partners. Jonathan Rothstein and Matthew Carpinello will serve as partners within the firm’s joint venture (JV) and finance practice groups.